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1.
A overly soiled blanket that is in the need of a good washing. A child's baby blanket that never leaves his or her side.
"Quick, the baby's asleep grap the stanket and through it in the wash!"
by sacrastic suzy March 05, 2009
 
2.
When someone poops in a blanket, so it smells stanky.
"Someone turned my blanket into a stanket!"
by mslind August 16, 2008